Principle

LAND LAW — Mortgage — Mortgagee’s Right to Immediate Possession

Area of law
LAND LAW
Court
Supreme Court

This principle establishes that a legal mortgagee becomes the legal owner with a right to immediate possession, even if the mortgagor remains in occupation. The principle applies in mortgage transactions. It ensures that the mortgagee's rights are recognized. The principle reflects the nature of legal…

Read the full principle with Sanctum

Sanctum is the key to all NLC content: judgments, principles, statutes, rules and forms. Choose a plan from 1 month to 36 months.

Get Access I’m a member — Log in